Av homes, inc. (AVHI)
CashFlow / Quarterly
Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Operating Activities
Net income (loss)

-

-

-

-

-

-

-

11,897

117,361

791

-

5,520

-4,466

-5,008

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss)

2,999

-2,343

-

-

647

2,439

-

-

-

-

-

-

-

-

-

677

-2,252

-1,633

2,130

-975

-4,668

-4,759

-57,779

-11,550

-11,431

-6,923

-17,606

-121,693

-16,654

-10,224

Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and amortization

2,197

2,064

1,566

1,746

1,959

1,626

1,639

1,620

1,543

1,566

907

987

970

829

842

823

833

769

740

720

699

645

883

1,333

1,247

942

931

916

766

1,149

Amortization of share-based compensation

798

662

778

1,005

903

626

296

183

880

848

793

622

813

885

629

905

640

596

672

361

333

282

1,921

268

425

420

342

865

-17

660

Impairment charges

569

653

408

316

70

149

434

107

67

161

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment charges, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

51,679

3,784

3,428

152

3,461

95,174

13,800

297

Change in fair value of contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-3,366

-1,013

-9

Equity in loss (income) from unconsolidated entities

-

-

-

-

-

-

-

-

-

-

-

-5

171

-6

-6

-5

-6

1

-17

-6

-15

-63

376

-38

-43

-36

-72

-341

143

-128

Deferred income taxes, net

1,024

-738

38,369

-871

729

1,665

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of withholding taxes on share-based awards

-

-

-

-

-

-

-

0

0

115

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other adjustments

-48

-95

-364

361

0

-366

-121

-1

-8

-5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributions of earnings from an unconsolidated entity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

695

-3,586

3,197

51

Changes in operating assets and liabilities:
Restricted cash

-

-

-

-

-

-

92

47

-191

-25,665

675

1,098

4,328

4,400

3,673

1,426

3,233

4,159

-392

-377

-2

45

-402

-436

-1,501

-851

37

-545

135

-177

Receivables

-3,461

-5,875

5,686

-1,643

3,263

-4,590

2,579

2,537

-4,450

2,983

-484

3,832

-655

1,005

-1,187

1,541

836

-2,177

-2,431

-489

451

-368

-659

-941

-1,235

1,836

-

-

-

-

Receivables, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-787

Land and other inventories

64,398

36,631

-75,686

10,218

31,547

14,910

-46,067

-5,268

6,571

47,410

-37,350

31,338

50,617

39,199

441

44,795

32,201

34,230

36,716

14,984

7,305

9,782

34,382

8,092

4,096

-5,994

-13,866

2,587

-2,284

2,333

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-274

-7,918

-254

-11,365

-15

10,394

-3,708

-5,458

3,599

-4,028

-51

-3,949

0

0

0

0

Prepaid expenses and other assets

5,119

-892

4,562

-2,695

5,529

-1,507

-942

-735

3,504

-5,473

881

-3,542

1,128

23

71

-1,937

2,048

-580

1,105

-372

249

-621

-330

158

791

167

-1,372

-1,132

-966

-956

Accounts payable, estimated development liability, and accrued and other liabilities

2,830

3,977

-3,832

-2,467

2,289

-8,888

5,082

-275

6,318

-7,638

426

14,512

5,146

-2,836

1,475

6,387

6,887

894

1,363

3,903

2,753

-1,358

4,057

-1,498

5,932

-5,248

2,738

-2,290

2,019

-111

Customer deposits

1,121

3,033

-5,387

-774

2,626

3,063

-2,244

-1,913

1,214

4,293

-1,050

-3,053

1,689

4,227

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in operating activities

-

-

-

-

-

-

-

-

-

-19,124

-

-14,431

-51,468

-46,524

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-302

1,583

824

-1,972

642

1,497

171

186

319

153

-284

-362

-425

-359

200

Net cash used in operating activities

-55,764

-22,461

72,618

-2,059

-28,183

-7,767

-

-

-

-

-

-

-

-

-

-29,412

-30,367

-22,818

-31,342

-19,160

-3,599

-8,336

-34,889

-9,007

-2,303

-2,114

493

-14,304

4,726

-8,272

Investing Activities
Investment in property and equipment

2,760

925

514

391

520

736

189

1,120

8

261

134

169

657

249

1,266

140

197

212

167

92

385

379

955

1,130

2,020

316

-31

827

33

2

Proceeds from sales of property and equipment

-

-

-

-

-

-

0

0

0

11

-

-

-

-

0

0

0

12

0

0

0

0

-

-

-

-

-

-

-

-

Business acquisitions

224

42,199

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Business acquisitions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,110

0

64,794

-

0

0

0

-

-

-

-

-

-

-

-

Investment in unconsolidated entities

-

-

250

5

-5

17

0

0

-1

21

5

0

773

2,109

1,689

1,955

0

0

12

4

12

83

37

32

36

30

55

83

0

0

Return from Poinciana Parkway

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-13

0

3

10

-456

471

0

0

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-271

-

-95,351

-1,399

-2,358

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-2,984

-43,124

-764

-488

-41,568

-753

-

-

-

-

-

-

-

-

-

15

-164

-64,994

-179

-96

-397

-462

-836

-1,162

-2,053

-336

-310

3,518

-33

-2

Financing Activities
Proceeds from issuance of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

100,000

Gross proceeds from Senior Secured Credit Facility

-

-

-

-

-

-

0

0

0

35,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

4,627

Principal payments of senior debt

-

-

-

-

-

-

0

0

0

46,793

-

-

-

-

25

0

5,402

19

-

-

-

-

-

-

-

-

-

-

-

-

Payment of withholding taxes on share-based awards

-

-

-

-

-

-

-

0

0

115

-

-

-

-

-

-

-

-

-

-589

0

34

-

409

0

36

261

0

0

0

Repurchase of 4.5% Convertible Notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

41,637

17,765

Principal payments of real estate borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

9,822

823

1,619

237

Other financing activities

-

-54

-

-

-

-362

-

-

-4,256

-21

-

-

-

-97

-

-544

7

36

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-11,929

-

18,760

34,786

-97

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-31,324

-

-91,022

-18,081

-48,979

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contributions from consolidated joint venture partner

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

297

104

13,485

105

76

113

0

0

0

0

Distributions to consolidated joint venture partner

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,112

0

0

1,785

0

0

0

0

Net cash used in financing activities

4

-54

-196

-159,521

342,241

-362

-

-

-

-

-

-

-

-

-

-1,467

186,308

17

81

-976

129,308

70

11,818

-1,987

76

-1,708

-10,083

-823

-43,256

77,371

Increase (decrease) in cash, cash equivalents and restricted cash

-58,744

-65,639

-

-

272,490

-8,882

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-30,864

155,777

-87,795

-31,440

-20,232

125,312

-8,728

-23,907

-12,156

-4,280

-4,158

-9,900

-11,609

-38,563

69,097

Transfer from assets held for sale to land and other inventories and property and equipment

-

-

-

-

-

-

-

-

-

-

0

0

0

4,051

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental cash flow information:
Interest paid, net of capitalized interest

7,744

-2,727

8,056

3,070

-4,002

5,532

-5,378

5,953

-5,657

7,180

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes paid

-

-

-

-

-

-

430

200

290

320

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental non-cash investing activity:
Accrual of contingent consideration as of the acquisition date

0

2,418

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transfer from assets held for sale to land and other inventories and property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Accrued investment in property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

116

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued investment in property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-